BMW production chief sees improved margins as supply chains stabilise Aut - Auto HEAD TOPICS

BMW production chief sees improved margins as supply chains stabilise

10/21/2022 11:20:00 AM

BMW production chief sees improved margins as supply chains stabilise

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Reuters

BMW production chief sees improved margins as supply chains stabilise BMW production chief Milan Nedeljkovic expects stabilising supply chains to lead to a clear improvement in profitability next year, he said in an interview at the carmaker's Leipzig plant in Germany. LEIPZIG, Oct 21 (Reuters) - BMWproduction chief Milan Nedeljkovic expects stabilising supply chains to lead to a clear improvement in profitability next year, he said in an interview at the carmaker's Leipzig plant in Germany.From a production perspective, Nedeljkovic said he did not expect margins to fall. "Repeated undersupply and needing to re-plan production brought a certain turmoil. A clear improvement in our margins should result purely from the stabilisation we are seeing on this front," he said.Register now for FREE unlimited access to Reuters.com Read more:
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Into America is a show about being Black in America. These stories explore what it means to hold truth to power and this country to its promises. Told by people who have the most at stake. Read more >> 2022 BMW iX xDrive50i SUVOTY Review: Avant Garde-ian of the BMW GalaxyBMW’s electric SUV has a distinctive look and a distinctive personality. BMW chief warns against setting gas-powered phase-out dateSetting a date to phase out gas-powered vehicles could remove 'cheap cars' from the market, putting ownership out of reach for many, and be politically dangerous, the board chair of German automaker BMW Oliver Zipse said on Wednesday. He forgot to toggle on his turn signal This BMW? Take a seat. In your case an over priced one. or what? Hydrogen, Not Electric, Will Be the ‘Hippest Way to Drive’ in the Future, BMW Chair SaysOliver Zipse said that 'the next trend will be hydrogen' in a recent interview. BMW invests $1.7 bln to build electric vehicles in U.S.BMW said it was making a new $1 billion investment in its Spartanburg, South Carolina, plant to prepare for EV production and will spend $700 million on a new high-voltage battery assembly facility nearby Trump-Christo-Fascist GOP Gilead Red State South Carolina statement: “We REJECT this effort to force us to buy into the climate hoax green agenda. We don’t want BMW money. Send it back. EVs are coastal elite communism socialism. We cannot be bought.” Cc: LindseyGrahamSC BMW will spend $1.7 billion to build EVs in the US EngadgetBMW will spend $1.7 billion to build more EVs in the US. BMW Puts $1.7 Billion Down on U.S. Manufacturing for Six New EVsExpect all-electric versions of the 3 Series, X3, X5, X7 and more with fresh battery chemistry on BMW's next-generation EV platform. BMW late to the game as usual. They will no doubt pat themselves on the back when they finally show up. The Apple of car companies. BMW logo is seen during Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021.Sublime interior design and details Hands-free driving tech That face is really something Overcomplicated, labyrinthine infotainment Hexagonal steering wheel isn't for everyone From its unconventional, Johnny-Cab-meets-Ralph-McQuarrie-shuttlecraft shape to the acreage of its geometric kidney"grilles," the BMW iX looks like nothing else on the road.$1.This New 178-Foot Trimaran Concept Has Two Tilting Masts So It Can Glide Under Bridges Zipse says it comes down to infrastructure. REUTERS/Wolfgang Rattay/File Photo LEIPZIG, Oct 21 (Reuters) - BMW production chief Milan Nedeljkovic expects stabilising supply chains to lead to a clear improvement in profitability next year, he said in an interview at the carmaker's Leipzig plant in Germany. From a production perspective, Nedeljkovic said he did not expect margins to fall. "It's jarring and lacks cohesion. "Repeated undersupply and needing to re-plan production brought a certain turmoil. "If you all of a sudden make car ownership only for rich people, it's a dangerous thing. A clear improvement in our margins should result purely from the stabilisation we are seeing on this front," he said.""It looks like an overweight rodent baring its teeth. Register now for FREE unlimited access to Reuters. In 2005, it began building 100 examples of the Hydrogen 7, which used the fuel to power its V-12 engine. com Register The shortage of semiconductors would likely impact the carmaker until at least the middle of next year, Nedeljkovic added. Then we drove it." Zipse told a crowd at its EV announcement that "it's a free nation -- we offer choice and not limitations. Asked about new U.S. With 516 hp and 564 lb-ft of torque, the xDrive50i we tested hurtles to 60 mph in four seconds flat ( the M60 is even quicker ), and when the road bends, the iX's light, accurate steering serves up oodles of feel. export curbs barring China from access to its semiconductor technology, Nedeljkovic said: "This tech decoupling is certainly increasing. California in August adopted rules to require all new vehicles sold in the state by 2035 to be either electric or plug-in hybrids. But it will not be possible to make interdependence disappear in one go - the industry is too interconnected for that." But just as impressive is how well the iX plays the part of a luxurious cruiser, with astounding ride quality and a serene, comfortable cabin. " Europe is falling behind the United States in its ambitions to become more independent in semiconductor supply, the production chief added, with both expressing the same intention but less tangible action from Europe. BMW . Among them: seat quilting that wraps around the bottoms' sides and front panels; the delicate, architectural struts that support the digital displays; the cantilevered, walnut-topped center console; the Hans Zimmer-scored sounds for the drive modes; and the highly effective electrochromatic panoramic glass roof. "As a politician I would be mega-careful.